Tata Comm sells stake in African arm for $676 mn

Mumbai, May 19 (IANS) Tata Communications Monday announced it would sell its 67 percent stake in South African telecom unit Neotel to Vodacom — an arm of Vodafone Group — for around $676 million (7 billion South African Rands). “The shareholders of Neotel and Vodacom SA have announced today that they have favourably concluded an agreement […]

President congratulates South African President Zuma

New Delhi, May 19 (IANS) President Pranab Mukherjee has congratulated South African President Jacob Zuma on his re-election, the President’s Secretariat said in a release here Monday. “Heartiest congratulations on your re-election as the President of the Republic of South Africa,” the Rashtrapati Bhavan communique quoted the President as saying. “Since the end of apartheid in […]

Nitish Kumar refuses to withdraw resignation

Patna, May 19 (IANS) Nitish Kumar Monday refused to withdraw his resignation, following which the JD-U legislature party authorised him to elect a new leader. He quit as chief minister after the party’s abysmal performance in the Lok Sabha polls. He resigned Saturday after the Janata Dal-United was reduced to two seats in the general elections. […]

Arms, explosives recovered near Pakistan-Afghanistan border

Islamabad, May 19 (IANS) Pakistani security forces seized a truck near the Pakistan-Afghanistan border in Balochistan Monday and recovered numerous weapons, ammunition and explosives, media reported. Balochistan Home Minister Mir Sarfaraz Bugti alleged that neighbouring countries were trying to carry out terror activities to weaken Pakistan, Dawn online reported. Security forces claimed to have recovered 70 […]

Sensex ends 200 points up; capital goods zoom

Mumbai, May 19 (IANS) A benchmark index of Indian equities markets Monday closed around 200 points up on the back of hopes that the new Narendra Modi-led government would take steps to revive the economy. The 30-scrip Sensitive Index (Sensex) of the S&P Bombay Stock Exchange (BSE) opened at 24,340.32 points and ended trade at 24,318.44 […]

Decisive poll results positive for India’s ratings: Moody’s

New Delhi, May 19 (IANS) A landslide victory for Narendra Modi-led Bharatiya Janata Party (BJP) in the just concluded general election is “credit positive” for India’s sovereign profile as well as corporate sector, ratings agency Moody’s said Monday. In a report related to credit outlook, Moody’s said the new government’s strong mandate, which shows an overwhelming […]

Apple rejects app to facilitate female masturbation

New York, May 19 (IANS) An app that teaches women how to masturbate has been removed by Apple from its iTunes stores worldwide. Created by designer Tina Gong, ‘HappyPlayTime’ is a sex education app currently in development that teaches women how to masturbate. The app uses light-hearted games to teach users about the female anatomy and […]

Three new polio cases reported in Pakistan

Islamabad, May 19 (IANS) Three new polio cases were detected Monday in Pakistan, media reported. The three victims belonged to North and South Waziristan area of Federally Administered Tribal Areas (FATA), Dawn online reported citing the prime minister’s polio cell’s statement. At least 66 cases have been reported in Pakistan this year, the statement added. Pakistan […]

Putin orders Russian troops to withdraw from Ukraine

Moscow, May 19 (IANS/ITAR -TASS) President Vladimir Putin Monday ordered troops along the Ukrainian border to withdraw and return to their permanent bases in Russia, the Kremlin said in a statement. “In connection with the completion of the planned spring phase of military training at ranges in Rostov, Belgorod and Bryansk regions, Putin ordered the defence […]